Autodesk focused on strategy, not eyeing a big deal - regulatory filing

Reuters
07/14
Autodesk focused on strategy, not eyeing a big deal - regulatory filing

NEW YORK, July 14 (Reuters) - Software design maker Autodesk ADSK.O said in a regulatory filing on Monday that it plans to pursue its "strategic priorities" and make only "targeted and tuck in acquisitions," suggesting a potential deal with software firm PTC PTC.O is off the table.

(Reporting by Svea Herbst-Bayliss)

((svea.herbst@thomsonreuters.com; +617 233 2138; Reuters Messaging: svea.herbst.thomsonreuters.com@reuters.net))

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